International oil prices rose by $1.33 on the 21st to close at $87.40 a barrel

As the summit of European leaders took place soon, and the performance of US companies was better than expected, New York's oil prices rose on the 21st, but London's oil prices fell slightly.

The summit of European leaders will be held on the 23rd. The two major member states of the European Union, Germany and France, have repeatedly stressed that the summit will focus on solving the European debt problem. Most investors are optimistic about this summit and look forward to the summit reaching a comprehensive solution to the European debt crisis. The program.

In the United States, both corporate performance and economic performance have boosted the market. McDonald's Corp. announced its third-quarter results. Its profit rose 9%, marking the 11th consecutive quarter of gains. General Electric also announced its financial report that its profits rose 18% in the third quarter. At the same time, the U.S. government released a report showing that the number of employees in most areas of the United States rose in September and the unemployment rate has dropped.

In addition, Barclays Bank released a report that the US crude oil inventories have fallen below the 5-year average. Moreover, as winter approaches, demand for crude oil is expected to increase.

At the close of the day, the price of light crude oil** delivered by the New York Mercantile Exchange in December increased by $1.33 to close at $87.40 a barrel, or a 1.55% increase. For the whole week, New York's oil price rose slightly by 60 cents, or 0.69%.

However, the price of Brent crude oil in London's North Sea delivered in December fell slightly by 20 cents to settle at US$109.56 per barrel. It fell 5.12 U.S. dollars a week, a decrease of 4.46%.